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Dogecoinanalysis

DOGEUSD: Elliott Waves Intraday TradingRocket with DOGE COIN logo temporarily broke) I have closed the old long position yesterday with a good profit, before the decline. Edited my trading plan, and started gaining volume for the long position waiting for the completion of the correction within wave Y of wave 4. All in all, some wave X is likely to be formed locally and it might end up on the boundary of the past trend line. In the alternative scenario, the sluggish dynamics will continue and the current wave 4 structure may take on a triangle pattern. Will the DOGE give a 40% gain, do you think?) Best Regards, CEO Tornado Capital
Long
by HurricaneCapital
DOGE|USDT - Will Twitter row sink price to $0.05?Dogecoin could remain stuck in a range for some time. The long wick on DOGE’s price last week shows that the bears are selling on minor rallies. The DOGE/USD pair gave up a large part of its gains and closed flat at $0.06. The bears will attempt to build upon this advantage and sink the price below $0.06.The downsloping moving averages and the relative strength index (RSI) in the negative zone indicate that the bears are in control. If the price slips below $0.06, the pair could slide to the psychological support at $0.05.This negative view could invalidate if the price turns up and breaks above $0.08. Such a move could open the doors for a possible rally to the 20-week exponential moving average (EMA). This level could again attract strong selling by the bears.
Short
by AndreKlynsmith
DOGEUSDT 3D Dogecoin price tries to find the bottomFor your attention, the DOGEUSDT chart trading pair on a 3-day time frame. The downward trend at the DOGEUSD price has been going on for more than 14 months and speculative interest in this manipulative coin has most likely disappeared in many. But on the other hand, there are probably many investors who are stuck in this coin and the deposit is now in a slump Most likely, this idea is primarily for them. More than a month, the DOGE price consolidating in the liquidity zone of $0,04-0,08. It was in this liquid zone at the beginning of 2021 the DOGEUSDT price consolidated before the final pump by 1400% in 2021. Currently, we do not believe that such a powerful pump will be organized in the near future. However, at the moment, a "Double bottom" reversal pattern is forming, just like at the beginning of 2021. The first strong resistance level from above is $0,08, the next is $0,1 The negative scenario will activate if the sellers manage to fix the price below $0,04, then a continuation of the strong fall in the Dogecoin price is possible _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
15
DOGEUSDT: LOCAL WAVES COUNTHi all. Decided to share a trading plan for DOGEUSDT. Actually, I expect that the market structure will complete the corrective formation in the form of a 3-wave pattern and the price will begin a quick recovery. With an average price of a formed long position of 0.057, you can get an excellent ratio of possible risk to profit - 1:5. In the case of strong rally, the coefficient can grow up to 1:15. The driver can be the recovery of the price of bitcoin( my trading plan for BTC at now ) , as well as any public information from Elon Musk regarding DOGECOIN :) Best Regards, CEO Tornado Capital
Long
by HurricaneCapital
4
Dogecoin is preparing for a crazy sell off!Dogecoin is on a cliff to bleed! With an ongoing trouble in the crypto world, we can be sure that most of the cryptos will see more bleeding in the coming days. At the time of writing the giant crypto Bitcoin is trading around $18200, Ethereum is trading at $930. We can still expect more selling for most of the cryptos. Dogecoin is trading around 0.050 where it has created a minor support on lower timeframe. I am expecting this minor support to be broken to the bottom and see a crazy sell off in this market as well. Looking at I expert the sell off to continue at least until around 0.02 where it might find little supporting. Please be kind to leave a like if you find this idea helpful.
Short
by Forexintelligence_NA
5